AA (AA) Upgraded to Buy by Peel Hunt

AA (LON:AA) was upgraded by equities researchers at Peel Hunt to a “buy” rating in a research report issued on Wednesday.

A number of other equities research analysts also recently issued reports on AA. Liberum Capital reaffirmed a “buy” rating on shares of AA in a research note on Monday, October 15th. Barclays downgraded shares of AA to an “equal weight” rating and upped their price target for the company from GBX 130 ($1.70) to GBX 150 ($1.96) in a research note on Monday, July 16th. Credit Suisse Group raised shares of AA to a “neutral” rating and upped their price target for the company from GBX 80 ($1.05) to GBX 130 ($1.70) in a research note on Wednesday, September 5th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating on shares of AA in a research note on Monday, August 6th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. AA currently has a consensus rating of “Hold” and an average price target of GBX 108.60 ($1.42).

AA stock opened at GBX 101.75 ($1.33) on Wednesday. AA has a one year low of GBX 69.92 ($0.91) and a one year high of GBX 274.20 ($3.58).

In other news, insider Steve Barber bought 50,000 shares of AA stock in a transaction dated Tuesday, October 16th. The shares were acquired at an average price of GBX 105 ($1.37) per share, with a total value of £52,500 ($68,600.55). Also, insider Mark Brooker bought 19,221 shares of AA stock in a transaction dated Thursday, September 27th. The stock was purchased at an average cost of GBX 104 ($1.36) per share, for a total transaction of £19,989.84 ($26,120.27).

About AA

AA plc provides roadside assistance, insurance, and driving services in the United Kingdom. It operates through two segments, Roadside and Insurance. The company's roadside assistance services include breakdowns cover for cars, motorcycles, caravans, vans, campervans, and towing; vehicle inspections, tires, and connected car services; operates driving schools that provide driver training and educative programs, and hotels.

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Analyst Recommendations for AA (LON:AA)

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